US spot Bitcoin ETFs experienced a net outflow of $20.45 million on Wednesday. Only two funds showed movement amid market uncertainty. Grayscale's GBTC had an outflow of $26.99 million, while Fidelity's FBTC gained $6.55 million. Nine other funds reported no flows, including BlackRock's IBIT, Bitwise's BITB, and VanEck's HODL. 😮📉📊

This stagnant flow in Bitcoin ETFs has dampened investor hopes. However, Jag Kooner, Head of Derivatives at Bitfinex, noted that there could be a surge in ETF inflows in case market participants believe “economic uncertainty will eventually lead the Fed to cut interest rates, increasing the appeal of Bitcoin as an inflation hedge.” However, significant inflows will depend on broad market sentiment and risk appetite. Currently, we have seen some pretty muted flows and a lack of 'bottom-buying' lately.

So what do you think? Will we see a surge in Bitcoin ETFs? We are waiting your comments! 👇👇👇